The available balance is less than expected after closing all intraday positions. I know profits are not credited the same day. but the Buy amount is also not fully added to available balance.
Hi @vishwendramore1 welcome to the community!
Your available balance might be less than expected even after closing all intraday positions due to the fact that profits from intraday transactions are added to your balance on the next day after adjusting for brokerage and charges. Additionally, if you buy shares today and sell them tomorrow, the entire amount (100%) will be blocked on the day of selling and will be credited to your balance on the next working day. This delay in crediting the full buy amount to your available balance is a standard process.
I understood profits are credited T+1 end of the day. I am trying to execute hundreds of Intraday orders per day. but, after completing the initial positions, Available cash is less than expected. which is not equal to [sell value - profit]. why it is so?